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Caterpillar - Senior Tax Analyst
Caterpillar - Senior Tax AnalystCATERPILLAR INDIA PRIVATE LTD • Bangalore, India
Caterpillar - Senior Tax Analyst

Caterpillar - Senior Tax Analyst

CATERPILLAR INDIA PRIVATE LTD • Bangalore, India
4 days ago
Job description

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Your Impact Shapes the World at Caterpillar Inc

When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Job Summary

  • We are seeking a skilled and experienced Senior Tax Analyst to join our Compensation Tax -Global Finance Services Division.
  • The incumbent would play a key role in supporting accounting, expatriate taxation, and payroll functions. This position offers the opportunity to collaborate with diverse business partners across global operations, ensuring compliance and accuracy in expatriate tax and U.S. payroll tax processes.
  • The preference for this role is to be based out of Whitefield Office, Bangalore, India

What You Will Do :

Expatriate Tax Compliance :

  • Assist the Manager in globally managing the expatriate tax compliance process across nearly 50 host countries to ensure timely filing of tax returns and adherence to tax equalization policies.
  • Collaborate with internal and external partners to coordinate expatriate tax filings, payments, and settlements for approximately 1,500 current and repatriated expatriates. Analyse & compile data and respond to U.S. federal and state tax authority notices and communicate with tax authorities to address and resolve tax notices / audits
  • Lead the Global Tax Equalization Acceptance process, manage tax files with external service providers, create supporting documentation for U.S. federal and state income tax payments.
  • Lead tax-related accounting activities, including accruals, reconciliations, and providing detailed tax information.
  • Analyses and opines on proposed changes to U.S. tax legislations and regulations with regard to the impact on compensation compliance requirements or calculations, requiring in-depth experience, knowledge and judgment. Participates on teams within or outside of the U.S. on tax and business initiatives.
  • Payroll Tax Compliance :

  • Support the daily import of payroll tax payment files for all U.S. payroll entities.
  • Review daily tax payments and assist with the preparation of monthly, quarterly, and annual federal, state, and local tax filings, including Forms 940 and 941 for all payroll entities.
  • Communicate with tax authorities to address and resolve tax notices, facilitate the application process for tax identification numbers, and manage related correspondence
  • Phone call to tax authorities to resolve tax notices, applying for tax identification numbers etc.
  • Assist the Manager to support the U.S. Federal / state Reporting & Analysis team (1120 team) with compensation / payroll related information including Schedule M for Executive Officer Aircraft, Executive Compensation 162(m) and payroll apportionment for state tax allocation.
  • Key Partnerships :

  • Collaborate with business partners such as Ernst & Young, Cartus, eTrade, Global Payroll, the Global Mobility team (HR), Legal, Treasury, Compensation & Benefits, Executive Compensation, and Legal Entity / Business Unit Accounting teams across global operations.
  • What You Will Have :

  • Bachelor's or master's level degree related to Accounting or Finance
  • 4-6 years of tax related experience at Big4 public accounting firm and / or large multinational corporation would be preferred
  • Experience with HR, payroll, and tax processes / systems / software (MasterTax, WorkDay, G / L, CorpTax, Excel)
  • Enrolled Agent Certification or CPA, would be an added advantage
  • Understanding of accounting and business processes, and enterprise operations
  • Research and opine on complex tax technical issues
  • Broad technical knowledge of tax laws and regulations
  • Proven ability to work with a team and eager to take on new challenges
  • Demonstrate high levels of initiative, good judgment, excellent analytical and communication skills
  • Additional Information :

    This position requires candidate to work a 5-day -a -week schedule in the office

    Skills Desired :

    Accuracy and Attention to Detail : Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.

    Level Extensive Experience :

  • Evaluates and makes contributions to best practices.
  • Processes large quantities of detailed information with high levels of accuracy.
  • Productively balances speed and accuracy.
  • Employs techniques for motivating personnel to meet or exceed accuracy goals.
  • Implements a variety of cross-checking approaches and mechanisms.
  • Demonstrates expertise in quality assurance tools, techniques, and standards.
  • Analytical Thinking : Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.

    Level Extensive Experience :

  • Seeks discrepancies and inconsistencies in available information; explains variances.
  • Organizes and prioritizes the sequence of steps to be taken to remedy the situation.
  • Identifies many possible causes for a problem based on prior experience and current research.
  • Quantifies the costs, benefits, risks and chances for success before recommending a course of action.
  • Approaches a complex problem by breaking it down into its component parts.
  • Chooses among a diverse set of analytical tools according to the nature of the situation.
  • Decision Making and Critical Thinking : Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
  • Level Working Knowledge :

  • Applies an assigned technique for critical thinking in a decision-making process.
  • Identifies, obtains, and organizes relevant data and ideas.
  • Participates in documenting data, ideas, players, stakeholders, and processes.
  • Recognizes, clarifies, and prioritizes concerns.
  • Assists in assessing risks, benefits and consideration of alternatives.
  • Effective Communications : Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
  • Level Working Knowledge :

  • Delivers helpful feedback that focuses on behaviors without offending the recipient.
  • Listens to feedback without defensiveness and uses it for own communication effectiveness.
  • Makes oral presentations and writes reports needed for own work.
  • Avoids technical jargon when inappropriate.
  • Looks for and considers non-verbal cues from individuals and groups.
  • Managing Multiple Priorities : Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
  • Level Extensive Experience :

  • Clarifies and handles multiple concurrent and diverse activities.
  • Shifts focus among several efforts as required by changing priorities.
  • Addresses potential conflicts that impact current delivery commitments.
  • Works with or leads others to re-prioritize work and reschedule commitments as necessary.
  • Responds to shifting priorities while maintaining progress of regularly scheduled work.
  • Demonstrates an expectation that there will be ongoing shifts in demands and priorities.
  • Accounting : Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes.

    Level Working Knowledge :

  • Utilizes cost monitoring practices, techniques and considerations.
  • Works with financial transactions and related documentation within the organization.
  • Participates in accounting practices of classifying and recording financial data.
  • Maintains existing charts of accounts.
  • Follows regulations for entering and reporting the financial content in major accounting systems.
  • Financial Analysis : Knowledge of tools and approaches of financial analysis; ability to read, interpret and draw accurate conclusions from financial and numerical material.
  • Level Extensive Experience :

  • Conducts and documents analyses of a variety of financial statements and indicators.
  • Anticipates the potential impact of decisions based on financial data analysis.
  • Oversees financial analysis to evaluate organizational and managerial performance.
  • Evaluates financial statements and ensures regulatory compliance.
  • Advises others on a variety of financial tools, techniques and approaches.
  • Directs others work with financial and cash flow ratios and trend analyses.
  • Financial Reporting : Knowledge of processes, methods, and tools of financial reporting; ability to create and maintain accurate and thorough financial reports.
  • Level Working Knowledge :

  • Follows organizational practices and guidelines for product profitability reporting.
  • Analyzes errors or inaccuracies in financial reports.
  • Uses basic tools to create simple financial reports.
  • Monitors compliance with organizational standards for financial report writing.
  • Implements organizational methods and procedures for financial report writing.
  • What You Will Get :

  • Work Life Harmony
  • Earned and medical leave.
  • Relocation assistance
  • Holistic Development
  • Personal and professional development through Caterpillar 's employee resource groups across the globe
  • Career developments opportunities with global prospects
  • Health and Wellness :

    Medical coverage -Medical, life and personal accident coverage

    Employee mental wellness assistance program

    Financial Wellness :

    Employee investment plan

    Pay for performance - Annual incentive Bonus plan.

    Additional Information :

    Caterpillar is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status; however, as a global company, Caterpillar offers many job opportunities outside of the U.S. which can be found through our employment website at is an Equal Opportunity Employer (EEO)

    (ref : iimjobs.com)

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    Senior Tax Analyst • Bangalore, India

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